Average Derivative Trader Salary in Mwanza, Tanzania for 2026

In this article, we will look at the average Derivative Trader salary for 2026 in Mwanza and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Tanzanian shilling. To keep things simple, we are using the TZS currency code instead of the currency symbol Sh.

How Much Does a Derivative Trader Make in Mwanza?

A Derivative Trader working in Mwanza will typically earn around 19,200,400 TZS per year, and this can range from the lowest average salary of about 10,009,300 TZS to the highest average salary of 29,399,100 TZS.

These are average salaries for a Derivative Trader in Mwanza and include benefits such as housing and transport. It's also possible for a Derivative Trader to earn more or less than the average salaries shown above.

Derivative Trader salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Derivative Trader Salaries in Mwanza

So we've looked at the average salaries a Derivative Trader will earn in Mwanza. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Derivative Trader can earn between 10,009,300 TZS and 29,399,100 TZS on average in Mwanza. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Derivative Trader in Mwanza is 18,479,600 TZS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 18,479,600 TZS, and 50% of the population earn more than 18,479,600 TZS.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Derivative Trader salary in Mwanza, 25% of the population are earning less than 12,841,200 TZS while 75% of the population earn more than 12,841,200 TZS.

75% of the population earn less than 23,040,200 TZS, and 25% of the population earn more than 23,040,200 TZS.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

Derivative Trader Salary by Experience Level in Mwanza

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Derivative Trader salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

• 0 - 2 Years Experience. A Derivative Trader in Mwanza that has less than two years of experience can expect to earn somewhere in the region of 11,377,500 TZS.
• 2 - 5 Years Experience. With two to five years of experience the average Derivative Trader salary would increase to 15,238,200 TZS.
• 5 - 10 Years Experience. From five to ten years of experience as a Derivative Trader, the average salary would be 19,799,400 TZS.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 24,000,900 TZS.
• 15 - 20 Years Experience. A Derivative Trader with 15 to 20 years of experience can earn an average of 26,280,300 TZS.
• 20+ Years Experience. For a Derivative Trader with more than 20 years, the expected average salary increases to 27,601,100 TZS.

Average Salary by Experience Chart

Derivative Trader Salary by Education Level in Mwanza

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Derivative Trader in Mwanza based on the education level of the employees in order to find out whether a better education level would increase your salary.

• High School. A Derivative Trader in Mwanza with a high school education can earn an average salary of 13,679,300 TZS.
• Certificate or Diploma. A Derivative Trader in Mwanza with a certificate or diploma education can earn an average salary of 15,599,800 TZS.
• Bachelor's Degree. A Derivative Trader in Mwanza with a bachelor's degree education can earn an average salary of 22,081,800 TZS.
• Master's Degree. A Derivative Trader in Mwanza with a master's degree education can earn an average salary of 26,759,500 TZS.

Average Salary by Education Chart

Derivative Trader Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mwanza, a male derivative trader will earn an average of 20,400,600 TZS, while a female derivative trader will earn around 18,840,100 TZS.

This means that a male derivative trader earns approximately 8% more than a female derivative trader for performing the same job.

Average Salary by Gender Chart in Mwanza

Derivative Trader Average Pay Raise in Mwanza

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Derivative Trader in Mwanza is around 12% every 18 months.

The national average pay raise across all professions and industries in Tanzania is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 18 ) × 12  = 8%

What this means is that a Derivative Trader in Mwanza can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Mwanza for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Tanzania.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Derivative Trader Bonus and Incentive Rates in Mwanza

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Derivative Trader is a moderate bonus based job, with 50% of employees reporting at least one bonus in the last 12 months.

50% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Tanzania earn approximately 7% more than private sector employees in the same role.

Salaries for Jobs Similar to a Derivative Trader

In the table below, we have salary information for jobs that are similar to a Derivative Trader in Mwanza.

Salary Comparison by City

If you want to compare salaries with different cities in Tanzania, you can use the links below to explore the data for each specific city we have researched.